Hedge Fund · CIK 0001762304

Hillhouse

HHLR Advisors
Share

Hillhouse runs HHLR Advisors, a hedge fund overseeing $3.10B in disclosed equity holdings (SEC CIK 0001762304). The latest portfolio (2025Q4) discloses 33 positions across 10 sectors, with the largest positions in PDD, BABA and ONC. On a mark-to-market basis the tracked portfolio has returned 48.9% over the past year. OpenStocks tracks 29 consecutive quarterly snapshots for this manager — every position change, new entry, and exit is logged below.

Portfolio
$3.10B
Positions
33
Quarter
2025Q4
Filings tracked
29
1Y+48.9%3Y+120.7%5Y+66.0%Full performance →
Biggest winner since filing
AMZNAMAZON COM INC
+85.4%
+$94.6M
Biggest loser since filing
PACBPACIFIC BIOSCIENCES CALIF IN
-93.6%
−$21.8M

Investment strategy

Hillhouse is a mid-size fund with a concentrated portfolio tilted toward consumer names. 38% of the disclosed equity book is in consumer-facing sectors.

Embed this chart
Paste this iframe anywhere to embed the live PDD chart.
<iframe src="https://openstocks.me/embed/stock/PDD" width="100%" height="480" frameborder="0" loading="lazy" title="PDD chart by OpenStocks" style="border:0;border-radius:12px;background:transparent"></iframe>

Holdings

9 sectors
63 positions
Top 3 = 56% of book · PDD, ONC, BEKE
View full portfolio →

Performance

vs SPY
29 quarters tracked
Mark-to-market portfolio growth vs SPY benchmark, with AUM and concentration history.
View performance →

Options & derivatives

No options
Hillhouse has no PUT or CALL positions disclosed for this quarter.
View options →

Activity & trades

Quarter-by-quarter
Last move 2025Q4
ADD BABA — and 4 more recent moves.
View activity →

Recent transactions

See full activity →
ADD
ALIBABA GROUP HLDG LTD
+2,140,680
~$146.58 · 2025Q4
2026-02-17
TRIM
ARRIVENT BIOPHARMA INC
555,555
~$20.12 · 2025Q4
2026-02-17
SOLD
1,641,000
~$131.77 · 2025Q4
2026-02-17
SOLD
BRIGHT SCHOLAR ED HLDGS LTD
988,143
~$1.95 · 2025Q4
2026-02-17
SOLD
FULL TRUCK ALLIANCE CO LTD
4,066,553
~$12.97 · 2025Q4
2026-02-17